Open Therapeutics and IPwe Form Intellectual Property Partnership

Open Therapeutics and IPwe Form Intellectual Property Partnership

As part of the Partnership to Improve IP Licensing, the companies will work to jointly encourage the licensing of IP portfolios.

I am proud to work with IPwe to add value to IP assets by increasing transparency through clear and verifiable metrics, especially for current patents that are not licensed.”

— Open Therapeutics founder Jason E. Barkeloo

PARIS, FRANCE, September 15, 2022 /EINPresswire.com/ — Open Therapyopen science company, and IPwea global platform that uses the power of artificial intelligence, predictive analytics and blockchain technology to intelligently manage intangible assets, announces its collaboration to jointly promote intellectual property licensing.

The mission of Open Therapeutics is to empower the global research community to positively impact human, animal, plant and environmental health. Based on blockchain therapistThe .net open science and open access platform is provided free of charge to the public, researchers and students. The Therapoid ecosystem provides grant funding, intellectual property, discussion forums, manuscript review tools, lab equipment, and ScienceCoins cryptocurrency rewards when students and scientists collaborate.

The mission of IPwe is to promote and encourage innovation using cutting-edge technologies based on proven methods so that business leaders can better manage intangible assets. Accordingly, the IPwe team has an outstanding track record in patent monetization due to their combined years of experience. IPwe’s Technology and Expert Group found that many of Open Therapeutics’ customer patents have patent monetization potential and provide Open Therapeutics customers with access to IPwe’s AI and blockchain-based products to further drive innovation.

Harry Stackpool, Senior Director of Innovation at IPwe, said: “More than 80% of Open Therapeutics customer patents are currently unlicensed, despite the potential for patent monetization. Through our partnership with Open Therapeutics, we are able to offer their member companies, governments, academic and research institutions the opportunity to license their unused patents while advancing our own mission to encourage innovation by providing a mechanism for them to do so.”

According to Open Therapeutics founder Jason E. Barkeloo, “I am proud to work with IPwe to add value to IP assets by increasing transparency through clear and verifiable metrics, especially for current patents that are not licensed. Through our unique IP licensing model, using the Creative Commons 4.0 ShareAlike Enhanced Agreement (CC4.0 ShareAlike), we can help patent holders around the world increase the value of their IP assets, especially for those who have not previously licensed them. I am so excited about this partnership that for those Therapoid users who also register on IPwe, they will be rewarded with ScienceCoins for free!”

In addition, IPwe will encourage researchers and students seeking academic, government, and corporate career positions to freely join Therapoid. In addition, IPwe’s partnership with Therapoid will provide another avenue for IPwe to encourage innovation by providing the global Therapoid scientific community with a resource to determine which of their patents will benefit business, governments, academia and society at large.

Similarly, Open Therapeutics, through its IPwe Partner Program, will encourage members of its community and IPwe providers to join and create IPwe Smart Pools as founders, granting the right to obtain a Smart Pool license. This partnership will enable the Therapoid community to promote and deploy patent-based technologies through IPwe Smart Pools.

As pioneers in Decentralized Science (DeSci), Artificial Intelligence, Blockchain, Non-Fungible Tokens (NFT), Open Access and Open Science, Open Therapeutics and IP, we are well positioned to further converge these related technologies and methodologies. Through this combination, both companies can accelerate the adoption of an innovative patent licensing model while achieving positive social outcomes.

About IPwe
Founded in 2018, IPwe is a global platform that uses the power of artificial intelligence, predictive analytics and blockchain technology to intelligently manage intangible assets. IPwe expands traditional IP markets by increasing transparency through clear and verifiable metrics to reduce costs and increase value and profit. With IPwe, everyone from start-ups to large enterprises, business and financial executives and IP experts can collaborate on a business, technical, legal or financial level to increase efficiency, value, capability and innovation to better manage their intangible assets.

About Open Therapy
The company provides the Therapoid™ platform to the scientific community free of charge; an open scientific and open accessible collaborative ecosystem that puts scientists and students at the forefront of research for a positive impact on human, animal, plant and global environmental health. Therapoid provides intellectual property (IP), copyright, grant funding, free hardware, discussion forums, a manuscript review tool, a knowledge hub, career and academic opportunities, ScienceCoins cryptocurrency awards, and non-fungible tokens (NFTs) for free. With the creation of the world’s largest think tank, recruiters can see members openly sharing information for academic and career opportunities. This can be especially useful for residents of economically developing regions of Africa, Asia and Latin America.

Mia Mixan
IPwe
[email protected]

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